Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: irish guard
...all Bear shareholders lose everything.

I wonder how many margin calls that's going to trigger.

8 posted on 03/16/2008 7:00:54 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: DuncanWaring

Good point.


10 posted on 03/16/2008 7:01:35 PM PDT by Obadiah
[ Post Reply | Private Reply | To 8 | View Replies ]

To: DuncanWaring
..all Bear shareholders lose everything. I wonder how many margin calls that's going to trigger.

That is an interesting observation. What is more interesting is that the Bear shareholders who will lose everything could quite possibly be Bear shareholders for less than a few hours of the last business day. The volume of BSC on Friday was more than the number of outstanding shares. It could well be the shennigans of Friday was opportunity for some really big holders to dump some shares before things really got as bad as 2 dollars a share. You can read some financial blogs and groups tonight where some people stepped up on Friday and bought, and those definitely will be margin calls first thing Monday morning. That is the way of the Street, there is always smart insiders who find a way to leave someone other than themselves holding the bag. And anyone holding a stock going from 30 something to 2 dollars in a day would be a classic definition of bag holder.

79 posted on 03/16/2008 7:44:09 PM PDT by Biblebelter (I will NEVER EVER vote for McCain or any other current Senator.)
[ Post Reply | Private Reply | To 8 | View Replies ]

To: DuncanWaring
BSC CEO was on CNBC a couple days ago saying no liquidity problems. I wonder if he was selling the whole time.
94 posted on 03/16/2008 7:52:36 PM PDT by Orange1998
[ Post Reply | Private Reply | To 8 | View Replies ]

To: DuncanWaring

A lot of their shares were evidently owned by employees and management.


174 posted on 03/17/2008 6:53:47 AM PDT by steve8714 (What hand does a Muslim amputee eat with?)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson